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Medical Data Vision Co (TSE:3902) Days Inventory : 1.36 (As of Dec. 2023)


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What is Medical Data Vision Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medical Data Vision Co's Average Total Inventories for the three months ended in Dec. 2023 was 円6 Mil. Medical Data Vision Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円402 Mil. Hence, Medical Data Vision Co's Days Inventory for the three months ended in Dec. 2023 was 1.36.

The historical rank and industry rank for Medical Data Vision Co's Days Inventory or its related term are showing as below:

TSE:3902' s Days Inventory Range Over the Past 10 Years
Min: 1.8   Med: 8.28   Max: 48.83
Current: 1.8

During the past 11 years, Medical Data Vision Co's highest Days Inventory was 48.83. The lowest was 1.80. And the median was 8.28.

TSE:3902's Days Inventory is ranked better than
94.89% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.7 vs TSE:3902: 1.80

Medical Data Vision Co's Days Inventory declined from Dec. 2022 (2.97) to Dec. 2023 (1.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Medical Data Vision Co's Inventory Turnover for the three months ended in Dec. 2023 was 67.17.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Medical Data Vision Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Medical Data Vision Co Days Inventory Historical Data

The historical data trend for Medical Data Vision Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medical Data Vision Co Days Inventory Chart

Medical Data Vision Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.82 12.29 8.06 4.25 2.61

Medical Data Vision Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.97 2.69 1.14 1.28 1.36

Competitive Comparison of Medical Data Vision Co's Days Inventory

For the Health Information Services subindustry, Medical Data Vision Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Medical Data Vision Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical Data Vision Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Medical Data Vision Co's Days Inventory falls into.



Medical Data Vision Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Medical Data Vision Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (13.745 + 6.082) / 2 ) / 1388.024*365
=9.9135 / 1388.024*365
=2.61

Medical Data Vision Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (5.894 + 6.082) / 2 ) / 402.204*365 / 4
=5.988 / 402.204*365 / 4
=1.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Medical Data Vision Co  (TSE:3902) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Medical Data Vision Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Medical Data Vision Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Medical Data Vision Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Medical Data Vision Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Medical Data Vision Co (TSE:3902) Business Description

Traded in Other Exchanges
N/A
Address
7, Kandamitoshirocho, Chiyoda-ku, Tokyo, JPN, 101-0053
Medical Data Vision Co Ltd provides health information services. The company is engaged in Development, production, sales, Maintenance work of medical information integration system, Analysis, survey and consulting of various medical data, Planning, design, development, and operation of the portal site. Its products include Calteco that allows patients to store and view a part of clinical information themselves and CADA payment service such as medical expenses postpay service that patients can freely set payment terms. Medical Code is a system that utilizes standard format data such as hospitalized outpatient EF and electronic reception data in DPC format to support solving various management problems and other related products.

Medical Data Vision Co (TSE:3902) Headlines

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